Lodi & Lake Wisconsin Chamber of Commerce Inc

Nonprofit profile at a glance

EIN
475616425
IRS 990-EZ coverage
2016–2024
Forms available
Form 990-EZ 2024
Location
Lodi, WI, USA
Phone
6085924412
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$98,331
Expenses
$92,608
Assets
$176,173
Liabilities
$77,309

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • HEIDI LEHEW (EXECUTIVE DIRECTOR)
  • BRITTANIE DEMPSEY (PRESIDENT)
  • ERIN WILSON (VICE PRESIDENT)

People named in this filing

  • MICHAEL INGALLS (BOARD MEMBER)
  • DOUG MEEK (BOARD MEMBER)
  • KAUHANE RAY (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the lodi & lake Wisconsin chamber of commerce, inc., is to lead in the creation, promotion and enrichment of the business community and environment in the lodi and lake Wisconsin area.

What it reported doing in 2024

The lodi & lake Wisconsin foundation has been established for many years but not active in the community or chamber. In 2024, we were able to help facilitate donations for the susie sculpture being worked on and expected to be installed in 2025. We were also active in writing and accepting grants that have been/will be used to fund activities in the chamber of commerce.

Operating model

Revenue model
Membership-supported. 60% of the money available for current operations came from membership dues.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 5.8%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 1.9; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0.44; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 51.1%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 11% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 9.6% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 28% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $121K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • Review — Sustainability: Operating margin scored 56/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.